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A supplier is offering Longley Hospital a new supply contract of 3/20, net 60.
a. When does the system have to pay its suppliers?
b. Should the hospital take advantage of the discount offered? Provide calculation to prove your position. Assume a 360 day business year.

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A supplier is offering Longley Hospital a new supply contract of 3/20, net 60.

a. When does the system have to pay its suppliers?
The ...

Purchase this Solution
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